DONALDSON Co INC — Director's Dealing 2006

Sep 15, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2006-09-13

Reporting Person: DOLAN JANET M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-09-13	Common Stock	M	8000	$8.00	Acquired	32759	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-09-13	Stock Option (right to buy)	$8.00	M	8000	Disposed	2006-12-01	Common Stock (8000)	Direct